题目
With respect to floating-rate bonds, a reference rate (such as MRR) is most likely used to determine the bond’s:
选项
A.spread.
B.coupon rate.
C.frequency of coupon payments.
答案
B
解析
： B is correct. The coupon rate of a floating-rate bond is expressed as a reference rate plus a spread. Different reference rates are used depending on where the bond is issued and its currency denomination, but one of the most widely used set of reference rates is Libor. A and C are incorrect because a bond’s spread and frequency of coupon payments are typically set when the bond is issued and do not change during the bond’s life. ： B是正确的。浮动利率债券的票面利率表示为参考利率加上利差。根据债券发行地和货币面额的不同，使用不同的参考利率，但使用最广泛的一组参考利率是伦敦银行同业拆借利率。A和C是不正确的，因为债券的息差和息票支付频率通常是在债券发行时确定的，在债券的有效期内不会发生变化。